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Alan Smith @AlanJLSmith on x 20.2K followers
Created: 2025-07-21 17:46:46 UTC
In 2020, the UK government only had to pay XXX% on XX yr gilts.
Today it has to pay 5.5%.
Imagine your mortgage costs went up 9X and so you had to keep borrowing more just to pay the higher interest.
Unlikely to end well.
XXXXXXX engagements
